Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Braselton. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 770-601-2381

Average Home Price $350,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 60-90 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$550,000 - $599,000
Prices As % of Asking Price 85-90%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Braselton isIncreasing
Seller Activity for the past 90 days in Braselton is?No Change
Multiple Offers?Yes
Multiple Offers CommentaryBuyer’s market
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Is Financing Available For Qualified Buyers?Yes
Comments on Financing For Qualified BuyersYes, if your credit score is at least 640.
Housing Inventory Limited Supply
Inventory CommentsGreat deals in Luxury Homes, specially foreclosures.
Greatest Activity Repeat Buyers
Reason to Buy/Sell Job Growth
Nearest Metro AreaAtlanta
Housing Hot SpotsSuwanee, Johns Creek are considered ’Housing Hotspots’
Average Sold Price $350,000 - View Graph Trend

Braselton Local News


News for Braselton, GA - March 2nd, 2012 9:02am
The Town of Braselton is home to The Estates at Château Élan, which consist of a 3,500-acre gated community, designed for approximately 2,000 homes. It surrounds 63 holes of championship golf and is conveniently located near the business and shopping districts of Gwinnett, Hall and Barrow counties. The Estates are easily accessible from many of the technology centers of the north metro corridor and excellent schools provide bus transportation for all students from here as well.


News for Braselton, GA - October 7th, 2010 8:40am
Just listed. Spectacular home in sought after Chateau Elan. This homes shows better than a new home. Heavily appointed. Hardwood flrs thru main level. Exquisite Kitchen boasts custom cabinets, Bosch appliances & a huge island with with granite counter tops. Walk in pantry as well as kitchen office. Spacious and luxurious master bedroom w/trey ceiling,sitting area, & huge master bedroom closet (15'X15') with builts ins. Finish terrace level with media room. Granite counter tops in every bathroom. Loft/Media room on the second floor. Park like views from the front door. A must see. Call me or e-mail for more information. Ph. 770-601-2381 Email: Jmorejon@charter.net
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Jorge Morejon
Jorge Morejon
     770-601-2381
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October 2010 (1)

Mortgage Rates
– May 28th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.82%
 15 yr. fixed rate:     3.11%
  30 yr. jumbo rate:  4.38%
  15 yr. jumbo rate:  3.61%

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Agent quarterly survey shows growing optimism toward a housing market recovery

End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.

Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.

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Jorge Morejon
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Jorge Morejon
Keller Williams Realty Atlanta Partners
Keller Williams Realty Atlanta Partners

  770-601-2381




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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